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Key questions answered for customers after Bulb Energy’s collapse
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theguardian.comBulb Energy has collapsed, in the biggest ever energy supplier failure. Here we address some of the most important questions for the company’s 1.7 million household customers.
Why has this happened?At the start of the energy crisis in September, analysts were warning there would be a tsunami of small energy supplier failures – and 21 suppliers have now collapsed. The cause is simple. Wholesale prices have soared, leaving firms that had not forward-bought all their gas and electricity having to
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